Winbro Group Technologies Limited

Winbro Group Technologies Ltd from Leicestershire UK is a large, active company founded 33 years ago. Employing 135 people, it holds assets worth £21,109,659 and operates from a real address with three directors and one owner. Boasting a Google rating of 4.0 from eight reviews, Winbro is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 457 months of import activity and 680 months of export activity.

The company's website reveals a focus on advanced manufacturing, particularly in the engineering of sustainable solutions. Winbro specializes in technologies like EDM (Electrical Discharge Machining), laser ablation, and micro-machining, serving industries like aerospace, energy, medical devices, and semiconductors. They offer both standard systems and custom solutions, including integration with Industry 0.0 automation cells. The website highlights their expertise in high-precision machining and their commitment to innovation.

Financially, Winbro shows a mixed picture. Current assets increased by 14% to £21,000,000, while net assets increased by 13% to £17,000,000. However, bank borrowings increased by 100%, reaching £2,000,000, and director remuneration increased by a significant 130% to £470,000. Creditors decreased by 8.5%, suggesting improved debt management. The company meets the criteria to be considered large, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. Alliotts LLP conducted the audit, and the report was signed on August 19, 2024.

Despite the increase in bank borrowings, Winbro's strong asset base and ongoing operations indicate a company that is, for the most part, financially healthy. The growth in director remuneration could be a reflection of increased responsibilities or performance-based incentives, but it’s worth noting. The company’s focus on high-value manufacturing and its commitment to sustainable solutions position it well for future growth, although it will need to carefully manage its debt levels to ensure long-term stability.

Registered in England/Wales under the registration number 02707834, with a registered address at LE12 9NH, United Kingdom, Leicestershire, Illuma House Unit 1, Gelders Hall Road,, Shepshed.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.